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Explain the impact of Big Data on the healthcare industry.
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Big Data has the potential to revolutionize the healthcare industry, from improving patient outcomes to reducing medical costs. Through the use of data-driven analytics and machine learning, physicians can access a vast amount of data that can help guide decisions, predict patient outcomes and provide personalized treatments. By using large amounts of data, hospitals and clinics can identify potential illnesses and diseases earlier, helping to avoid costly delays in treatment. Additionally, Big Data can be used to reduce administrative costs, improve research and development, and increase the efficiency of clinical trials.